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RE projects

48 CST, 12 Solar Cooker Projects get Extension for Completion

The twelve solar cooker projects will be closed by considering the target achieved till the extended completion date i.e., 31.03.2018. The Ministry of New and Renewable Energy (MNRE) has issued an order for the extension of project completion time of 48 Concentrated Solar Technology (CST) projects and 12 Solar Cooker projects till March 31, this […]

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Floating Solar Panels Market to Cross 2.5 GW by 2024: Report

On grid floating solar panels market volume could witness a significant growth of over 45 per cent from 2016 to 2024. According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, the Floating Solar Panels Market share is estimated to exceed 2.5 GW by 2024. On grid floating solar […]

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Adani Group Inks Rs 9K cr Solar, Other Projects in Andhra

The company would also be investing in a multi-modal logistics park, says Gautam Adani. Adani Group has inked a pact with the Andhra Pradesh government to invest over Rs 9,000 crore in various projects, including setting up of solar and wind facility, development of a greenfield port, in next five years. Adani Group, Chairman, Gautam […]

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Renew Power Commits Rs 13k cr Investment on Clean Energy in AP

The move has come to develop renewable energy capacity in Andhra Pradesh and also helps in generating direct employment for 4,000 people and indirect employment for 6,000 people. Renewable energy company ReNew Power has inked a Memorandum of Understanding (MOU) with the Andhra Pradesh (AP) government during the ongoing 3-day CII Partnership Summit to invest Rs 13,000 crore over the next five years. […]

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MNRE Leads from the Front to Push Solar Sector

The latest move by MNRE should be seen at a time when India had failed to comply with a World Trade Organisation (WTO) ruling on solar power. The government of India, through its MNRE, seems to have woken up by issuing the latest amendments to accelerate the growth of the solar photovoltaic sector. The recent […]

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India will Achieve Installed RE Capacity Target Before 2022: MNRE Secy

International Solar Alliance (ISA) will help mobilise sufficient funds for solar energy projects. The Ministry of New and Renewable Energy (MNRE), Secretary, Anand Kumar said that India would achieve its target of installed renewable energy capacity of 175 GW well before 2022 for which bidding process would be completed on time. Anand Kumar while speaking […]

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Govt Issues Penalty for Violating DCR Norms Under MNRE’s Solar PV Projs

The move has come to avoid misuse of policy. The Government of India (GoI), through the Ministry of New and Renewable Energy (MNRE), has issued a memorandum titled – “Penalties for violation of norms of Domestic Content Requirement (DCR) under Solar PV power projects under MNRE’s Schemes / Programmes”. The memorandum was published on the MNRE […]

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Solar Panel Case: MNRE Removes DCR Clause From 5 GW Phase-II Batch-IV VGF Scheme

The amendment comes in response to the US allegation that India had not complied with the World Trade Organisation’s ruling in the solar panels dispute case. In a significant development, the Ministry of New and Renewable Energy (MNRE) has announced an amendment for the implementation of a scheme for setting-up of more than 5 GW […]

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